Wakefield-Peacedale, RI Housing Market & Real Estate

Seller's market+22.2% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Wakefield-Peacedale, RI is $655,000, up 22.2% year-over-year. Homes sell in an average of 36 days with 8 active listings. The market is currently a seller's market.

$655,000median sale price

Is Wakefield-Peacedale a buyer's or seller's market?

Seller's market1.1 months of supply36 avg. days on market

Wakefield-Peacedale, RI is currently a seller's market, based on 1.1 months of supply and homes selling in about 36 days. How we determine this →

Homes sold

7

Last 12 weeks

Days on market

36

Average pace

Active listings

8

1.1 months supply

Sale-to-list

97.2%

Below asking

Wakefield-Peacedale, RI market data

Current housing market statistics for Wakefield-Peacedale, RI
MetricValue
Median sale price$655,000
Median list price$567,450
Year-over-year price change+22.2%
Average days on market36 days
Active inventory8 listings
Months of supply1.1 months
Sale-to-list price ratio97.2%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Wakefield-Peacedale housing market is currently classified as a seller's market with a median sale price of $655,000. Prices have risen 22.2% compared to last year, with homes spending an average of 36 days on market, indicating 1.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Wakefield-Peacedale

There are currently 8 homes listed for sale in Wakefield-Peacedale, Rhode Island. The median listing price is $567K.

Active listings

8

Homes on market

Median list price

$567K

Avg. days on market

36

Days until sale

New this week

6

Newly listed

Sale-to-list:97.2%

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Frequently asked questions

What is the average home price in Wakefield-Peacedale?

The median home sale price in Wakefield-Peacedale is $655,000, up 22.2% from last year.

How long do homes stay on market in Wakefield-Peacedale?

Homes typically spend 36 days on market before going under contract.

Is Wakefield-Peacedale a buyer's or seller's market?

With 1.1 months of supply, Wakefield-Peacedale is currently a seller's market.

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